Chinese Import, Export and Foreign Investment Situation
Import Volume of Textile Machinery in First Half of 2008 in China increased 4.7%
According to customs statistics, in the first half of this year, the accumulated import of textile machinery and electrical parts reached 2380 million USD, which had a 4.7% growth compared with the same period last year; among which, the import volume in June reached 410 million USD.
Foreign-invested enterprises in Tianjin exceed 20 thousand
Tianjin, as the biggest open coastal city in northern China, has become the hot place for foreign investment. According to the statistics, the investors are from over 130 countries and territories. The number of approved foreign-invested enterprises has reached more than 20,000 companies totally.
Foreign Trade Dimension in China increases 105 Times in 30 Years
The foreign trade scope in China rises 105 times in 30 years, which became the “booster” of economic development. Since the reform and opening up, Chinese foreign trade scale increase from 20.6 billion USD in 1978 to 2173.8 billion USD in 2007. It increase 105 times and has 17.4% average annual growth rate.
Other News:
2008 January to August Singapore Foreign Trade Situation
According to the statistics in Singapore, the foreign trade import and export volume in Singapore from January to August reached 461.9 billion USD, which increased 16.3% compared with same period last year. Among which, Singapore import volume reached 223.48 billion USD, which increased 21.1% while the export volume reached 238.42 USD, which increased 12.1%.
Malaysia, China and the United States are the three major trading partners of Singapore.
Buffett becomes a shareholder of General Electric Company with 3 Billion USD
Xinhua New York News reported on October 1, the well-known U.S. investor Warren • Buffett on October 1 announced that Berkshire Hathaway which he controlled was purchasing the shares from General Electric Company with 3 billion USD.
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